OREANDA-NEWS. Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its sixth hypermarket in Novosibirsk.

The new store is a Lenta standard format hypermarket located in Novosibirsk on 29 Myasnikovoy street. The store has a total area of 12,100 sq.m, with 7,000 sq.m. of selling space and is open 24 hours a day, seven days a week. A broad product assortment of 27,800 SKUs has been selected specifically for residents of Novosibirsk and includes Lenta's private label and federal product ranges alongside local produce. The store has 550 parking spaces and 40 cash registers. The property is owned by Lenta.

The opening of this hypermarket in Novosibirsk brings the total number of Lenta stores to 85 hypermarkets in 49 cities across Russia and 15 supermarkets in the Moscow region.

Jan Dunning, Chief Executive Officer of Lenta, said:

“The opening of our sixth store in Novosibirsk reflects the importance of both Siberia for the growth of our business and Novosibirsk as the region's thriving capital. The dedicated Distribution Centre we opened in Novosibirsk last year has the capacity to support our continued growth in the region, ensuring high availability and low prices across our full range of fresh, local and private label goods. Furthermore, with this opening, we are thrilled to be celebrating our 100th store and are on track to increase our total selling space by at least 30% this year.”